TagELL

wet

wet  n.— «PCP was infrequently incorporated into marijuana cigarettes….These are being sold on the street under varying names such as “Illy” in Connectivut, “Hydro” in New York City, “Dip” in New...

wet

wet  adj.— «“They are being embalmed alive,” Hendricks, of Second Genesis, said of PCP users. “They get it sprayed with roach spray and formaldehyde. [Sellers] will use anything to give it the chemical aroma and make it wet...

smile

smile  n.— «The pattern of implied volatilities form a “smile” shape, which is called a volatility smile. Most derivatives markets exhibit persistent patterns of volatilities varying by strike…In practice, either the...

gamma smile

gamma smile  n.— «Hardly a line of David’s trading argot will be intelligible to ordinary mortals, being riddled with references to gamma smiles, 25 delta EUR calls, short vega books and the like.» —“How to go bust in a state of...

hack-up

hack-up  n.— «Mr. Salazar had to visit…the Taxi and Limousine Commission center in Woodside, Queens, for his rate card, used car inspection and “hack-up,” the actual affixing of his new medallion to the hood of his car...